EURUSD

Ja ja ...

Genau ... rectale radio ...

hmmm, looks like a gartley to me.

but not sure about the "70% correct" claim of it's proponents!

Nice call..

clues on the continuation of this retracement?

#1 3815
#2 3786
#3...

US will provide additional info. Go with the top of the hourly close.

Thats how the pros do.

Now enjoy ur pips

hehe, one day, you have to be careful to take the same trade because of copyright infringements

sold @ 1.38331 tg around 1.37940











........... and other

THANK YOU! and AMEN MALCOLMB14

lol, that will be the day...lol

Cant see why majority here are bullish on the eur.
I'm seeing it as bearish. No positions taken yet.
The flag on the m15, the bars on the H1.

Sorry but i don't get it. Where is the weekly resistance of 850 coming from?
Where is the monthly support of 750 coming from? i mean the close of the closest month was 716 on my chart and the high 758. And if its as simple as daily closes why are you expecting it to go to 880 when we haven't had a close there.

Im sorry if this irritates you, im sure im not the only one confused. But please either ignore this post or respond kindly to it

If NY pushes for a close above 3860 possible future targets might be 1.403 ,1.4280 and beyond

I am flat at the movement....still little room to go up on daily.

Sorry you didn't get an answer to you question directly, however read Malcolmb14's post here #397295 and heed his advise......and you will get the answers you seek. GL buddy
PS continue to read and learn but be aware there's only a few willing to help they are busy trading

salam hi all


update sorry v. busy good luck all

Neither was the down move from 3860.
Ew can be very dangerous when you start force the count to fit in to your own bias. my 2c.

repeated in March?

-- Currencies being driven by both rate expectations and risk
-- Risk sentiment likely to intensify despite speculative positions
-- Middle East, euro-zone debt and now China growth will contribute
By Nicholas Hastings
A DOW JONES NEWSWIRES COLUMN
LONDON (Dow Jones)--Attack may be generally recognised as the best form of defense, but in currency markets at the moment defense is the best sort of defense.
Speculators may find this out the hard way soon as they build short positions in the yen, find out that the Aussie is about to go into reverse, and ponder which way to play the euro.
For months, currency markets have been driven at times by risk sentiment and at other times by rate expectations. Often, prices appear to be driven a little bit by both.
Take the yen.
Fundamentally, there is little reason to expect a rise in Japanese interest rates anytime soon and the Japanese currency should be at the bottom end of the rate pecking order.
That is certainly the logical attitude speculators are taking as they steadily increase their short positions in the yen.
But there is still little sign of the yen falling.
If anything the Japanese currency remains well supported, trading in the upper end of its recent range against the dollar.
The yen may be the most extreme example of currencies defying logic. But there is plenty evidence elsewhere.
The performance of the U.S. dollar continues to be dictated by disappointment over the strength of the U.S. recovery one minute and the currency's role as a safe haven the next.
The euro has shown remarkable resilience so far this year as investors focus more on hawkish talk from the European Central Bank rather than on the risks of sovereign default as they did previously.
Now, the Australian dollar, long the darling of the high yielders, could find that its day in the sun is over. A downgrade in China's growth projections over the next few years looks like it could be the final straw, as the outlook for global commodity demand tops out.
But, it is the growing list of global uncertainties that should take their toll on market sentiment in weeks to come.
In the Middle East, the Libyan leader Moammar Gadhafi may be the next to go, raising the hopes of reformists in Bahrain and Saudi Arabia that they too can force a regime change.
For financial markets, these changes pose two risks. The first is the rally in crude oil prices, which could well persist and pose a threat to the global recovery for some time. The second is the power vacuums that the departure of the presidents of Tunisia and Egypt have already left and the risk that they may be filled by militant Islamist rulers who will be less cooperative with the West.
The sovereign debt problems of the euro zone also look set to return. Ireland's new government is on the verge of seeking a restructuring of that country's debt package from the European Union. Also, Portugal looks set to seek its own bailout as its funding costs remaining intolerably high. Once that happens, market participants will start to focus on the growing financial problems in Spain and the much larger threat its debt poses to the stability of the European banking system.
Then there's China.
Premier Wen Jiabao may only have lowered the country's average gross domestic product growth target for the next five years to 7% from 7.5%, but the downgrade was a reminder of just how vital China is to the global recovery at a time when growth prospects elsewhere are already looking weak.
So unless, there is some remarkable upturn in the outlook for most other major economies, global risk sentiment will deteriorate further and encourage more defensive trades in the currency market in the form of safe havens.

lets see what direction the explosion will be...